@article{smirnov2023financial,
  title = {Financial And Economic Outlook for The Russia-India-China  Triple Alliance},
  author = {Valery V. SMIRNOV and Vladislav L. SEMENOV and Tamara V. TALANOVA and Anna N. ZAKHAROVA and Lyubov P. ROMANOVA},
  year = 2023,
  url = {https://ibimapublishing.com/p-articles/42ECO/2023/4240223/},
  journal = {Communications of International Proceedings},
  volume = 2023 (7),
  doi = doi.org/10.5171/2023.4240223,
  abstract = {The study is based on a systematic approach using the method of statistical, neural network and cluster analysis. The paper hypothesizes the existence of a certain financial and economic perspective of the triple alliance of Russia-India-China, which allows us to assess the possibilities of the transition of the Russian economy from a catching-up model of development to a leading one. The paper establishes the high importance of the dynamics of the growth rates of indicators: Russia ‒ GDP based on the share of purchasing power parity in global volume and at current prices; for India ‒ primary net lending/borrowing of the public administration sector and GDP at current prices; China ‒ the volume of imports of goods, consumer inflation and total government revenues. The study reveals the possibilities of GDP growth of the Russia-India-China triple alliance by regulating the growth rate of total government revenues and the unemployment rate in the context of a significant difference in population growth rates. The article shows that the financial and economic perspective of the Russia-India-China triple alliance can be seen in the cumulative dynamics of GDP growth rates based on the share of purchasing power parity in the global volume and total government revenues.},
  keywords = {dynamics of indicators, development model, triple alliance, financial and economic perspective.},
  note = Article ID: 4240223
}